A sum of money is lent out at CI for 2 yrs. At 20%p.a. , CI being reckoned annually. If the same sum is lent out at CI at the same rate , CI being reckoned half – yearly , it would have...

A sum of money is lent out at CI for 2 yrs. At 20%p.a. , CI being reckoned annually. If the same sum is lent out at CI at the same rate , CI being reckoned half – yearly , it would have fetched $482 more. Calculate the sum of money lent out. Can this ques. Be solved by taking original principal as $100. Ans. Is $20000.